1191 N OCEAN WAY, PALM BEACH, FL 33480
Parcel: 50434303090000422 · Single Family · Zoning: 001
Assessed Value (2026)
$6,567,223
Property Details
Year Built
2013
Lot Sqft
24,794
Sales History
1
$1,125,000
2011-10-27
Tax Assessment History
$6,567,223
Assessed (2026)
$7,950,129
Market Value
$6,567,223
Taxable Value
$133,703
Annual Tax
2025
$7,950,129
2026
$6,567,223
$7,950,129
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $6,567,223 | $7,950,129 | $6,567,223 | $133,703 | $6,581,385 | $1,368,744 |
| 2025 | $7,950,129 | $7,950,129 | $7,950,129 | $161,858 | $6,581,385 | $1,368,744 |
About 1191 N OCEAN WAY, PALM BEACH, FL 33480
1191 N OCEAN WAY, PALM BEACH, FL 33480 is a property built in 2013 on a 24,794 square foot lot. The property is currently owned by VALLEY PROPERTY MANAGEMENT LLC, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2011-10-27 for $1,125,000. The 2026 assessed value is $6,567,223 with a market value of $7,950,129. This breaks down to $6,581,385 for the land and $1,368,744 for the building.
The assessed value decreased 17% from $7,950,129 in 2025. The median household income in this area is $250,001, and the median home value is $2,000,001. The population density is 1,713 people per square mile.
1191 N OCEAN WAY, PALM BEACH, FL 33480 is located in PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH property are sourced from palm_beach County public records. The current assessed value represents 584% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
VALLEY PROPERTY MANAGEMENT LLC
PO BOX 790, PALMER, MA, 01069
Since: 2026-04-03
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Est. Annual Insurance
$35,863 — $59,905
Flood $400 — $800
Property/Wind $35,463 — $59,105
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$250,001
Median Home Value$2,000,001
Pop. Density1,713/sq mi
Neighborhood 33480
84.6%
Owner-Occ
15.4%
Investor
6,443
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
MODERATE
31
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